Supplier selection using a hybrid model for 3C industry

Abstract

Supplier selection is a good strategy for firms that can reduce operating costs and improve competitiveness for computer, communication and consumer electronics (3C) industry. The major aim of this research is to build a systematic approach for establishing a supplier selection model, and then prioritize improvement criteria in order to best supply chain management. The study proposed a hybrid approach by using the interpretive structural modeling (ISM) method to deal with the interrelationship among criteria, and the analytic network process (ANP) method is employed to recognize the criteria of supplier selection and evaluate with respect to environmental competency for the case of Taiwan's 3C industry. The study shows that the proposed model could be an effective and efficient decision-making tool that can be easily extended to other contexts. Especially, it has provided decision-makers and researchers with better understanding of the differences in supplier selection activity needs and specific management interventions by examining these criteria.

Keywords:

• supplier selection
• interpretive structural modeling
• analytic network process
• hybrid model
• 3C industry
• Taiwan

JEL Classification:

• C02
• C44
• C86
• L10
• M11
• O11

Additional information

Notes on contributors

Kwo-Liang Chen

Kwo-Liang CHEN is an Assistant Professor in the Department of Industrial Engineering and Management, China University of Science and Technology, Taiwan. He received his PhD degree in Institute of Business and Management, from National Chiao Tung University, Taiwan. He is a director of information technology division in the Small and Medium Enterprise Administration (MOEA) in Taiwan. In particular, he is interested to research in Technology Management, Small and Medium Enterprise Policy and Knowledge Management.

Ching-Chiang Yeh

Ching-Chiang YEH is currently an Associate Professor in the Department of Business Administration, National Taipei University of Business, Taiwan. He received his PhD degree in Institute of Business and Management, and MBA from National Chiao Tung University, Taiwan. His research focuses on decision science, data mining, and management of technology.

Jo-Chen Huang

Jo-Chen HUANG is currently a Project Manager in the 3C industry, Taiwan. She received EMBA from Soochow University, Taiwan. She research focuses on supply chain management and marketing management.